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RIO / Rio Tinto Betting on the New Infrastructure Revolution?

Rio Tinto Betting on the New Infrastructure Revolution?
Rio Tinto (NYSE: RIO) shares traded lower by 1.87% on Thursday's session, fresh off the news that management has decided to cut its dividend to $2.25 per share, down from $4.17 a year earlier. As it is natural for commodity-based businesses to fluctuate in both stock price and business fundamentals wildly along with the swings in prices of the underlying commodities they operate within, Rio Tinto's profits have been significantly affected by Iron Ore's price decline for the better half of the year 2022. Read More
Posted: Feb 24 2023, 09:01
Author Name: MarketBeat
Views: 110591

RIO News  

Rio Tinto and Prysmian ink low-carbon aluminium supply agreement

By Kitco
October 30, 2023

Rio Tinto and Prysmian ink low-carbon aluminium supply agreement

(Kitco News) - Mining and metals group Rio Tinto said today it is partnering with cable solution provider Prysmian to build a more sustainable North A more_horizontal

Rio Tinto increases mined copper production 5% in Q3, iron ore shipments up 1%

By Kitco
October 17, 2023

Rio Tinto increases mined copper production 5% in Q3, iron ore shipments up 1%

(Kitco News) - Global mining group Rio Tinto (LSE: RIO) (ASX: RIO) announced today that its Pilbara operations produced 83.5 million tonnes (100% basi more_horizontal

Rio Tinto says no damage to Aboriginal rock shelter structure from Aug. 6 blast

By Reuters
October 9, 2023

Rio Tinto says no damage to Aboriginal rock shelter structure from Aug. 6 blast

Global miner Rio Tinto has found no damage to the structure of a rock shelter at an Aboriginal heritage site in Western Australia that was impacted by more_horizontal

Rio Tinto increases iron ore shipments in Q3, reiterates 2023 guidance

By Kitco
October 9, 2023

Rio Tinto increases iron ore shipments in Q3, reiterates 2023 guidance

(Kitco News) - The company said that Pilbara shipments guidance is unchanged for 2023 and remains in the upper half of the 320 to 335 million tonne ra more_horizontal

Rio's latest rock shelter damage highlights need for Aboriginal Voice, advocates say

By Reuters
October 2, 2023

Rio's latest rock shelter damage highlights need for Aboriginal Voice, advocates say

Damage caused to an Aboriginal rock shelter by mining giant Rio Tinto in August underscores the need for better heritage protection laws and a greater more_horizontal

Rio Tinto's legacy uranium mine sees rehab cost blowout

By Reuters
September 25, 2023

Rio Tinto's legacy uranium mine sees rehab cost blowout

Energy Resources of Australia , Rio Tinto's majority-owned uranium unit, on Tuesday forecast a material cost overrun and delays related to the rehabil more_horizontal

Rio Tinto CEO on Climate Change, Iron Ore Demand

By Bloomberg Markets and Finance
September 18, 2023

Rio Tinto CEO on Climate Change, Iron Ore Demand

Rio Tinto CEO Jakob Stausholm, talks about how the miner is trying to reduce its carbon footprint, climate change, iron ore demand in China and expand more_horizontal

Rio Tinto to reap benefits of rising iron ore prices, says JP Morgan

By Proactive Investors
September 14, 2023

Rio Tinto to reap benefits of rising iron ore prices, says JP Morgan

JP Morgan believes iron ore miners offer moderately more attractive valuations now that there are more balanced expectations for iron ore prices. As a more_horizontal


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